5111 Ascot Avenue Los Angeles, CA ^$ 1,000,000

5111 Ascot Avenue

^$ 1,000,000

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5111 Ascot Avenue

Los Angeles, CA, 90011

^$ 1,000,000

Bedrooms5 Baths6.0 Sq 2,745

Monthly Estimate*

^$ 6,646

Listed by Kidder Mathews of California, Inc.

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 1

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 2

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 3

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 4

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 5

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 6

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 7

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,000,000 with 5 bedrooms and 6 full baths. This 2,745 square foot home was built in 1924 on a lot size of 0.1722.

BUNGALOWS on Ascot! We are pleased to present a 6-Unit bungalow community located at 5111 Ascot Ave. With 6 separate bungalow structures on the property, tenants enjoy the feeling of living in a single-family home paired with the affordability of living within an apartment community. The building currently operates at a 9.96 GRM on current rents, with rental upside potential to a 6.46 GRM and a 10.85% CAP on pro-forma rents. The units consist of 2 studio bungalows (one of which is a brand new ADU!), 3 one-bedroom bungalows, and 1 two-bedroom bungalow. Delivered with 1 unit VACANT, it will allow the new owner to set a market rent for a very in-demand bungalow product.

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394893

Days on Market

Features

General

Zoning LAR2

Year Built 1924

Stories 1

Levels One

Gross Income 100368.0

County Los Angeles

Net Operating Income 58389.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Google Maps: 5111 Ascot Ave. Los Angeles CA 90011

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 6

MLS Area C42 - Downtown L.A.

Lot Size Units SquareFeet

Lot Size Square Feet 7503.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 10

Standard Status Active

Cap Rate 5.84

Exterior

Parking Features Driveway

Total Parking 6.0

Lot Size Area 7503.0

Number of Buildings 6

Spa N

Building Area Total 2745.0

Lot Size Acres 0.1722

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 5

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 5111

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(714) 333-6768

Phone

Affordability Calculator

$6,646

Per Month

Monthly Principal & Interest: $6,646
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,369

Percent of Sale Price 99%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2024	$1,000,000		Listed Price

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5111 Ascot Avenue, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $1,000,000 with 2,745 sqft and a lot size of 0.1722. 5111 Ascot Avenue has 5 bedrooms, 6.0 baths, and was built in 1924. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5111 Ascot Avenue

Multi-Family Home for sale in Los Angeles, CA

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